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Mako Mining Appoints Brian Szeto to Board of Directors

Kelowna, British Columbia, January 23, 2023 /CNW/- Mako Mining Co., Ltd. (TSXV: MKO) (OTCQX: MAKOF) (“Mako” or “company“), its board of directors (“board“) today appointed Brian Seto as an independent director of the company.

Mr. Szeto has over 20 years of experience in financial and capital markets with a focus on mining, held executive and board positions, and is recognized as a top-ranked mining analyst. He then entered the service industry at Deloitte & Touché where he worked as a financial advisor.

Mr. Seto is currently vice president of corporate credit and mining at DBRS Morningstar, a global financial services company, and a director of Ranchero Gold Corp. From 2007 to his 2018, he was a top-ranked mining his analyst at his National Bank Financial Markets, PI Financial Corp., and other independent brokerage firms.

Mr. Seto holds a joint honors degree in economics and business and a master’s degree in economics. University of Waterloo I am a CFA charter holder.

Akiva Raisman, Mako CEO said: Bryan’s appointment to the Board of Directors is an important first step towards raising capital market awareness and significantly growing the company over the next few years. ”

On behalf of the Board of Directors,

Akiva Raisman
chief executive officer

About Mako

Mako Mining Corp. is a publicly traded gold mining, development and exploration company. We operate the high grade San Albino Gold Mine. Nueva Segovia, Nicaragua, ranked as one of the finest open pit gold mines in the world. Mako’s primary objective is to profitably operate San Albino and fund exploration of promising targets in district-wide land packages.

Forward-Looking Information: Statements contained herein, other than historical facts, may be considered “forward-looking information” within the meaning of applicable securities laws. Any forward-looking information contained herein is based on our plans and certain expectations and assumptions. Operate San Albino profitably to fund exploration of future targets on district-wide land packages. Such forward-looking information reflects actual events and outcomes, including the risks and uncertainties disclosed in our public disclosure documents available at SEDAR. are subject to various risks and uncertainties that may differ materially fromso www.sedar.comThe forward-looking information contained herein represents management’s best judgment as of the date of this document, based on information currently available. MACO does not undertake to update forward-looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

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